North Korea said on Monday it would issue new won currency this week that would in effect lop two zeros off the old — requiring 1,000-won bills, for example, to be exchanged for 10-won notes with, theoretically, the same buying power. #
It said it would limit the amount of old currency it would accept in exchange, to the equivalent of about $40 worth at unofficial exchange rates. — Wall Street Journal #
Only $40 worth! Oh boy… #
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